Bank of South Carolina (NASDAQ:BKSC) Research Coverage Started at StockNews.com

StockNews.com began coverage on shares of Bank of South Carolina (NASDAQ:BKSC) in a report released on Monday morning. The firm issued a sell rating on the bank’s stock.

Bank of South Carolina Trading Down 0.2 %

Shares of NASDAQ:BKSC opened at $11.10 on Monday. Bank of South Carolina has a twelve month low of $9.52 and a twelve month high of $15.24. The company has a market cap of $60.61 million, a PE ratio of 11.68 and a beta of 0.53. The company’s 50 day moving average is $12.07 and its 200 day moving average is $12.64.

Bank of South Carolina (NASDAQ:BKSC) last released its quarterly earnings data on Tuesday, April 9th. The bank reported $0.25 earnings per share for the quarter. The firm had revenue of $5.16 million for the quarter. Bank of South Carolina had a net margin of 19.55% and a return on equity of 11.85%.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Bank of South Carolina stock. Raymond James Financial Services Advisors Inc. bought a new position in shares of Bank of South Carolina Co. (NASDAQ:BKSC) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 10,000 shares of the bank’s stock, valued at approximately $150,000. Raymond James Financial Services Advisors Inc. owned about 0.18% of Bank of South Carolina at the end of the most recent reporting period. Hedge funds and other institutional investors own 0.18% of the company’s stock.

About Bank of South Carolina

Bank of South Carolina Corporation operates as a bank holding company for The Bank of South Carolina that provides a range of financial products and services primarily in Charleston, Berkeley, and Dorchester counties of South Carolina. Its deposits include non-interest-bearing demand accounts, NOW accounts, money market accounts, time deposits, and savings accounts, as well as certificates of deposit.